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Cherry Republic Joins Major Companies in Call for Congress to Build Back a More Resilient, Sustainable Economy from COVID-19

Today, Cherry Republic joined major U.S. companies
including Dow, DSM North America, General Mills, Indigo Ag, JLL, Microsoft, Salesforce and
VISA, among others, to call on a bipartisan group of federal lawmakers to build back a better
economy by infusing resilient, long-term climate solutions into future economic recovery plans.
Collectively, today’s Lawmaker Education and Advocacy Day (LEAD on Climate 2020) was the
largest ever virtual call to action from the business community on the ongoing climate crisis and
the largest coordinated effort on the issue since the COVID-19 pandemic swept across the U.S.
The participating companies collectively represent combined annual revenues of more than
$900 billion in revenue, a combined market valuation of nearly $11.3 trillion, and more than 2.5
million U.S. employees. The companies calling for climate action as part of economic recovery
efforts span across the American economy, including retail giants, manufacturers, healthcare
services, food and beverage companies, outdoors industries, technology companies and energy
providers.
“Businesses have a key role in Michigan and the USA overall in building a sustainable
economy,” says Bob Sutherland, Cherry Republic president. “Our company is proud to join the
hundreds of businesses pushing our federal leaders to invest in clean energy and climate action
by being a part of LEAD on Climate 2020.”
Building off last year’s LEAD on Carbon Pricing in-person event, which brought together 75
companies, this year’s virtual meetings featured three times as many companies and have
greatly expanded the scope for strong and urgent climate action from Congress. Companies will
urge House and Senate lawmakers on both sides of the aisle to weigh in as Congress considers
how future rounds of economic recovery spending should be allocated. Participating companies

will stress the continued importance of investment in resilient infrastructure and the need to put
Americans back to work with durable, clean energy jobs, and will call for Congress to consider
longer-term sustainable solutions to strengthen the economy, such as a goal of reaching
net-zero emissions economy by 2050 or sooner, as well as other policy mechanisms, like a
price on carbon.

Over the last 20 years, Cherry Republic has given more than $2 million to environmental groups
across Michigan. Most recently, the company has prioritized its support to Michigan groups
working on climate change and renewable energy — including the Michigan League of
Conservation Voters and the Michigan Climate Action Network. “But Cherry Republic can’t do
this alone,” Sutherland stresses, “and these organizations can’t do it alone. We need the full
weight of our federal government behind climate action.”

This increased corporate policy engagement comes at a time when the consequences of the
climate crisis have never been clearer or more dire. Last year, carbon dioxide levels in the
atmosphere were at their highest levels in at least the last 800,000 years, and the World
Meteorological Organization (WMO) recently found that the last decade was the hottest on
record. That is why, even amidst the current pandemic, Cherry Republic is moving ahead with
efforts to reduce emissions in our own operations and calling on Congress to take climate action
as part of the economic recovery process.

About Cherry Republic
Cherry Republic donates one percent of its annual sales to nonprofits that positively impact the
environment and communities throughout Michigan. Founded in 1989, the company employs
approximately 80 year-round workers and has retail stores in Glen Arbor, Traverse City, Ann
Arbor, Holland, Frankenmuth and Charlevoix. CHERRYREPUBLIC.COM